Q is for Question Your Tax Notices.

When we receive an IRS notice, our first response is “I don’t understand? I paid my taxes…why me?”

The real Question is why not you?

According to the IRS, there is loss of revenue of over $100,000 billion per year in unpaid taxes. This has put a push on an increased use of third party information statements (1099S, 1098S). Some examples would be that the financial industry is now responsible to notify the IRS of the cost basis of stocks sold. Real estate owners need to prepare 1099S for their plumber, painter, etc…and the list goes on!

Zuraw Financial Advisors is registered as an Investment Adviser with the U.S. Securities and Exchange Commission

No Individual should assume that any information presented or made available on or through this website should be construed as personalized financial planning or investment advice. Personalized financial planning and investment advice can only be rendered after engagement of the firm for services, execution of the required documentation, and receipt of required disclosures. Please contact the firm for further information.